The overlap of three periods (transitional period of growth rate, painful period of restructuring and subsiding period of earlier stimulating policies) in China's macro economy has made an ineffective market and government. Under this circumstance, how to effectively put the government policy targets into practice has become a main focus for the next stage reform. ANBOUND research team thinks that compared with the previous policy-based finance, especially the low efficiency of government finance input, development finance has become a valid instrument to improve the capital efficiency of fiscal and monetary policies. Meanwhile, it will be also of practical significance to such endeavors as shantytown renovation, high-speed rail, local platform company transformation, as well as the execution of targeted RRR cuts for agriculture and small and micro businesses.